Thailand Beyond the Crisis (Rethinking Southeast Asia)

Book Description
This volume provides a thorough authoritative account of the Thai economy, examining the reform process undertaken since the 1997 Asian financial crisis and the country's future prospects.


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Thailand Beyond the Crisis includes recent research to give an accurate and up-to-date picture of the status of Thailand's economic recovery. The Asian economic crisis began in Thailand, and ended a decade of sustained economic boom. This book identifies the role of policy errors that led to the crash of the fastest growing economy in the world. It addresses the consequences of the crisis, including increased poverty incidence and a backlog of non-performing loans which clogged the banking system, delaying recovery. This book also explores the political consequences of these events, including the emergence of the populist government of tycoon turned politician Thaksin Shinawatra. Featuring distinguished contributors, including many from Thailand, this survey concludes that Thailand's long term prospects depend on crucial economic reforms.


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